Nike's Run May Be Over

By

Paul Price

| Sep 30, 2013 | 9:30 AM EDT

Inclusion in the DJIA and a good earnings report combined to push sports apparel giant Nike (NKE) to an all-time high of $75.25 intraday Friday. Weak market conditions saw NKE dip back to close at $73.64.

Enthusiasm couldn't be running much higher. That is often the recipe for a great company that turns out to be a bad stock. NKE's metrics look great: a fine balance sheet, good technicals and a modicum of yield....270 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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